The Real Reason Boomers Aren’t Selling (And Why It’s Stalling the Market)
There’s a silent storm brewing in the housing market… and it’s not just about interest rates. While everyone’s talking about mortgage lock-in, nobody’s talking about the real trap keeping millions of homes off the market: taxable gains.
Millions of baby boomers bought their homes decades ago for $150,000 or $200,000. Today, those same homes are worth a million dollars, and when they sell, they’re staring down massive capital gains taxes. After years of paying mortgages, property taxes, and maintenance, being told to pay the government again for simply selling your home feels like a slap in the face.
The Problem With Capital Gains on Primary Homes
This outdated tax policy punishes the very people who kept the housing market stable for decades. Instead of freeing up inventory for the next generation of buyers, many would-be sellers stay put to avoid a six-figure tax bill, keeping housing supply frozen and affordability strained.
Even the Market Doesn’t Trust the System
If we really want to pump money back into the economy and get great homes back on the market, reform has to start here. Taxing homeowners who’ve already paid their dues discourages movement, slows economic circulation, and locks up the very inventory young buyers are desperate for.
What Your Home Really Deserves
Your home is more than an investment. It’s where you built your life. You shouldn’t be penalized for the success of long-term ownership. If we truly want to stimulate the housing economy, it’s time to rethink capital gains taxes on primary residences altogether.
The Bottom Line
Until policymakers address the real financial disincentives for older homeowners, housing inventory will remain tight, and affordability will remain out of reach for millions of buyers. The solution isn’t just interest rate cuts. It’s tax reform.
💬 Sugar & Spice Scoop: If we want to free up homes, we need to stop taxing the people who already paid for them, twice!
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